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Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa »

Source: Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa

Volume/Issue: 2018/10

Series: Departmental Papers / Policy Papers

Author(s): Niko Hobdari , Vina Nguyen , Salvatore Dell'Erba , and Edgardo Ruggiero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484358269

Keywords: Kenya, Ghana, Guinea, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands for a greater local voice in spending decisions and efforts to strengthen social cohesion. Aga...

Public Investment Efficiency in Sub-Saharan African Countries

Public Investment Efficiency in Sub-Saharan African Countries »

Source: Public Investment Efficiency in Sub-Saharan African Countries

Volume/Issue: 2018/9

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Ha Vu , Shirin Nikaein Towfighian , and Rodolfo Maino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484360019

Keywords: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Djibouti

There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-à-vis peers such as emerging and developing Asia as well as Latin...

Make Investment Scaling-Up Work in Benin: A Macro-Fiscal Analysis

Make Investment Scaling-Up Work in Benin: A Macro-Fiscal Analysis »

Source: Make Investment Scaling-Up Work in Benin : A Macro-Fiscal Analysis

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Larry Cui , Christine Dieterich , Nicolas End , Matteo Ghilardi , Alexander Raabe , and Sergio Sola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2016

ISBN: 9781513571478

Keywords: Tax revenue, Expenditure efficiency, Macro-fiscal analysis, Public investment, Fiscal policy, Benin, tax, revenue, debt, spending

This paper conducts a systematic growth and fiscal analysis to determine: (1) the growth potential of Benin's ambitious scaling-up of investment, and (2) how the government can generate the necessary fiscal space n...

Structural Transformation in Employment and Productivity: What Can Africa Hope For?

Structural Transformation in Employment and Productivity: What Can Africa Hope For? »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Financial Development in Sub-Saharan Africa: Promoting Inclusive and Sustainable Growth

Financial Development in Sub-Saharan Africa: Promoting Inclusive and Sustainable Growth »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

Wage Policy and Fiscal Sustainability in Benin

Wage Policy and Fiscal Sustainability in Benin »

Source: Wage Policy and Fiscal Sustainability in Benin

Series: Departmental Papers / Policy Papers

Author(s): Charlotte Lundgren

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 May 2010

ISBN: 9781455268382

Keywords: Debt sustainability, Civil service, Fiscal sustainability, Fiscal reforms, Wage policy, wage, wages, salaries, wage costs

This paper analyzes the impact of Benin's public wage policy on medium and long-term fiscal and debt sustainability. The main findings are that if the wage bill continues to increase in line with recent trends, deb...

West African Economic and Monetary Union: Financial Depth and Macrostability

West African Economic and Monetary Union: Financial Depth and Macrostability »

Source: West African Economic and Monetary Union : Financial Depth and Macrostability

Series: Departmental Papers / Policy Papers

Author(s): Patrick Imam , and Christina Kolerus

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

ISBN: 9781484348222

Keywords: Banking sector, Cross country analysis, Financial institutions, Financial systems, Microfinance, Monetary policy, Macroprudential Policy, West African Economic and Monetary Union, West Africa, banking

The financial system in the WAEMU remains largely bank-based. The banking sector comprises 106 banks and 13 financial institutions, which together hold more than 90 percent of the financial system’s assets (...

Pour un stimulus réussi de l’investissement au Bénin : Une analyse macro-budgétaire

Pour un stimulus réussi de l’investissement au Bénin : Une analyse macro-budgétaire »

Source: Make Investment Scaling-Up Work in Benin : A Macro-Fiscal Analysis

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Larry Cui , Christine Dieterich , Nicolas End , Matteo Ghilardi , Alexander Raabe , and Sergio Sola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2016

Language: French

ISBN: 9781513578231

Keywords: Public investment, Benin, Fiscal policy, Tax revenue, Expenditure efficiency, Macro-fiscal analysis, tax, revenue, debt, spending

This paper conducts a systematic growth and fiscal analysis to determine: (1) the growth potential of Benin's ambitious scaling-up of investment, and (2) how the government can generate the necessary fiscal space n...

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

1. Growth Performance and Constraints

1. Growth Performance and Constraints »

Source: Make Investment Scaling-Up Work in Benin : A Macro-Fiscal Analysis

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Larry Cui , Christine Dieterich , Nicolas End , Matteo Ghilardi , Alexander Raabe , and Sergio Sola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2016

ISBN: 9781513571478

Keywords: Tax revenue, Expenditure efficiency, Macro-fiscal analysis, Public investment, Fiscal policy, Benin, tax, revenue, debt, spending

Benin has made strong recent progress in accelerating growth while maintaining macroeconomic stability. Benin’s per capita GDP growth lagged behind the sub-Saharan A...